
Russian Strikes on Sumy and Mykolaiv Hit Civilian and Port Infrastructure
Russian attacks on Sumy and Mykolaiv killed civilians, wounded dozens and damaged retail, port, warehouse and postal infrastructure.

Russian attacks on Sumy and Mykolaiv killed civilians, wounded dozens and damaged retail, port, warehouse and postal infrastructure.

Norway’s seizure of the Professor Molchanov gives Naftogaz fresh leverage in its campaign to enforce a $5 billion award over expropriated Crimean assets.

Uzbekistan has overhauled tax, licensing and business protections since 2016, reshaping market entry, compliance costs and the wider corporate environment.

Washington reportedly told Moscow not to expect sanctions relief or wider economic deals before the war in Ukraine ends, reinforcing a hard-line policy stance.

A social-media outcry over Uzbekistan's first ID card fee has widened into a policy test as regional peers charge less or waive first-time issuance.

Uzbekistan’s state announces auction of 100% stake in 'Fonon' jewelry plant, priced at 316.7 billion UZS, amid ongoing financial restructuring and significant debt obligations.

Meta’s $18 billion settlement requires sweeping child-safety changes on Facebook and Instagram, but success depends on flawed age-verification technologies and strategic industry positioning.

Russia is reportedly orchestrating covert sabotage on European defense plants using criminal networks, testing NATO's response limits without triggering collective defense actions.

Humo payment system tripled its net profit to 410.9 billion UZS in H1 2026, maintaining strong margins despite losing IT Park tax benefits.
Uzbekistan launches unified digital platforms and national navigation system while expanding IT sector incentives to enhance competitiveness and digital governance.

The Russian State Duma has amended tax laws to refine the fuel dampener system and import compensation, aiming to stabilize domestic fuel prices and supplies amid sector disruptions.

Two German brothers admitted to breaching EU sanctions by routing machine component shipments through shell companies in Kyrgyzstan and Turkey to Russia.

The UN faces a financial crisis due to delayed payments from the US and China, forcing cutbacks and operational restructuring amid governance constraints.

Russia threatens to suspend duty-free gas and oil supplies to Armenia as Yerevan pursues closer ties with the EU, risking critical energy and trade cooperation.

Poland secures a €44 billion EU loan under the SAFE program, marking a major investment to modernize its defense industry despite presidential opposition.

Iran mandates detailed vessel data for tankers in the Strait of Hormuz, raising strategic and compliance challenges amid U.S.-Iran tensions and possible transit fees.

Octobank launches E9PAY-enabled money transfers to South Korean HUMO cards, enhancing cross-border payment options and strengthening international financial services.

Paynet leads Uzbek payment firms with a 313.7% profit surge in Q1 2026, driven by strategic acquisition and dividend inflow, while Payme and Click post steady growth.

Uzbek banks expanded their credit portfolios by 19.3 trillion UZS in Q1 2026, while non-performing loans rose by 1.8 trillion UZS, mainly driven by state-owned banks amid evolving risk challenges.

Uzbek banks must now retain a minimum balance of 1.236 million UZS on client cards during automatic debt repayments, preventing complete fund depletion.

Uzbekistan accelerates Asakabank privatization, transferring assets and securing state capital to enhance the bank's market viability and strategic competitiveness.

Tencent and key investors acquire a major stake in Kaspi.kz, advancing the fintech firm’s strategic growth and regional expansion with enhanced capital and expertise.